SEMO Regional Corn Meeting December 13,...

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SEMO Regional Corn MeetingDecember 13, 2017

• Funded by over 2,000 members

• Policy and regulatory issues

• Funded by over 15,000 corn farmers in MO

• Market Development

• Consumer Outreach

• Education and Research

Market Development Success Stories• 30% increase of U.S. corn exports to

Japan – 530 million bu.

• Turkey doubles purchases of US DDGS –1.3 mmt

• Corn to Taiwan hit highest level in 7 yrs. – 116 million bu.

• South Korea set a 6 yr high for U.S. corn imports – 221 million bu.

• India sets new ethanol import record –up nearly 100% this MY

• Saudi Arabia doubles corn purchases –84 million bu.

Trade policy Success Stories and Challenges

• DDGS exports to Vietnam resume

• China adopts E10 policy for 2020

• China drops VAT on US DDGS

• Mexico adopts E10 policy• Ontario moving to E10• MAIZALL

• Mexico E10 lawsuit• Brazilian ethanol tariff

imposed• FMD/MAP• NAFTA• KORUS

Federal Update

• 2018 (Or is it 2019?) Farm Bill

• Tax Reform

• RFS

• Waterways Infrastructure

Farm Bill Priorities

1. Protect crop insurance

2. Double FMD/MAP Funding

3. Title I – update or modernize base acres

4. Conservation programs – focus on working lands

Federal Update

• 2018 (Or is it 2019?) Farm Bill

• Tax Reform

• RFS

• Waterways Infrastructure

MO Legislative Session• State Tax Commission

tax increase

• Lake Numeric Nutrient Criteria

• MO Clean Water Laws

• Red Tape Reduction

MCGA Annual Meeting and Lobby DayTuesday, January 23, Jefferson City

3118 Emerald Lane

Jefferson City, MO 65109

(800) 827-4181

mcga@mocorn.org

www.mocorn.org

www.Facebook.com/MissouriCorn

www.Twitter.com/MissouriCorn

www.YouTube.com/MissouriCorn